Bitwise Chief Investment Officer Matt Hougan stated that the four major US wealth management institutions—Merrill Lynch, Morgan Stanley, Wells Fargo, and UBS—are expected to fully open investment channels for Bitcoin spot ETFs by the end of 2025. These institutions collectively manage over 10 trillion USD in client assets. Hougan anticipates that the net inflows into Bitcoin spot ETFs this year are still likely to set new historical records. (The Block)

<div>\n\n\t\t\tBitwise Chief Investment Officer Matt Hougan stated that the four major U.S. wealth management firms—Merrill Lynch, Morgan Stanley, Wells Fargo, and UBS—are expected to fully open investment channels for Bitcoin spot ETFs by the end of 2025. These institutions collectively manage over 10 trillion USD in client assets. Hougan anticipates that the net inflows into Bitcoin spot ETFs will likely set new historical records this year. (The Block)\n<div>&nbsp;</div><br><br></div>

Bitwise CIO anticipates that UBS and three other major financial institutions will support Bitcoin spot ETFs by the end of this year.